Looks like cariyoyo was right that Xingquan will announce a small dividend. He commented this on 3rd December. Cariyoyo, will they go for listing in Australia. Are there any hope for stupid Xingquan? My sources told me that Xingquan will give out 1.5 sen but it turns out to be 2 sen. The Chairman has indeed brought along some old fake Chinese eggs for shareholders to enjoy at the AGM today. KYY not attending according to my sources.
Xingquan will be dishing out RM6,761,260 as dividends to its faithful shareholders, out of which 60% would be going back the owners. In other words, Xingquan will directly giving out RM2.70 plus plus million to the outside shareholders. Quite a stunt from a company which made 35 sen EPS. And the craziest joke was that Xingquan needs to preserve its mountain of monies for expansion and cash purchase of raw materials. Maybe they think Malaysian investors are kiddos.
I made some from your GSB. GSB on its own is a nice project. Main problem is financing. Of the 80% booked units about 60% were rejected in their loan applications. So only about 25% of G Residences were sold. I hope the glut of condos by China dumping will not drag GSB down further. Better wait for more clarity before buying more GSB now.
this share total of EPS from 2011~2014 : 186 sen dividend 2 sen/ 186 sen = 0.01075 = 1.075% 1.075% of net profit is paying for dividend so XINQUAN is paying 1.075% of his net profit to us
========================================================== sangharimau Posted by 1MtalkingKangkung > Nov 28, 2014 07:57 AM | Report Abuse 2 sen dividend before AGM 30/12/2014 09:09
sangharimau Posted by hamitouzhi > Nov 28, 2014 12:41 PM | Report Abuse dividend? LOL ... 30/12/2014 09:09
sangharimau Posted by hamitouzhi > Dec 29, 2014 09:59 AM | Report Abuse juz 2 sen 30/12/2014 09:10
sangharimau Posted by fellatarjonga > Dec 29, 2014 11:01 AM | Report Abuse Looks like cariyoyo was right that Xingquan will announce a small dividend. 30/12/2014 09:10
sangharimau First guy to tipped on the dividend payment is 1MTalkingkakngkung and not cariyoyo ! 30/12/2014 09:11
sangharimau Hamitouzhi, eat your own word! 30/12/2014 09:11 ===========================================================
this post is for comparison purpose only; taken from previous posting from commenters, that's not offend & zero abuse, admin please don't delete it.
Must be damn fool to trust auditor and directors of red chip stocks. These should include XINQUAN, XDL, CSL, CAP, MSP and many more. Just check which one can survive after first year IPO.
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saltedfish
3,282 posts
Posted by saltedfish > 2014-12-26 19:58 | Report Abuse
Kalau betui dia mau keluar, tak kan dia mau bayar 2 sen ini, lu jangan cakap yang bukan-bukan oh